The City of Calgary monitors and forecasts key indicators for the local economy and publishes the results twice a year in the spring and the fall. These forecasts assist the municipal government in its financial and physical planning for Calgary. 

Calgary’s economy is expected to grow through 2031, despite higher uncertainty related to global conflict and trade policy. Growth is slower than in recent years but stronger than previously forecasted in 2026. Strong demand, recovering trade-sensitive industries and growing business confidence are supporting jobs. Slower population growth is expected to slow the growth in consumer spending and reduce residential construction. Inflation is expected to remain higher than previously forecast in 2026 because of energy prices. However, affordability conditions are expected to improve later in the forecast period as wage growth begins to catch up. Significant risks to the forecast include energy price volatility and trade policy uncertainty.

• Calgary & Region Economic Outlook 2026-2031: Fall 2026
  • Fall 2026 Forecast Tables

Population Outlook is updated in January 2026 and published in our Spring 2026 Calgary and Region Economic Outlook.